Germany contactless payment market is anticipated to grow at a CAGR 15.4% during the forecast period. Germany is one of the leading markets for ICT (Information and Communication Technologies) sector. Well-established ICT sector supports the number of opportunities for ICT market players to emerge in advanced technologies such as digital payment services. Major IT sector companies such as IBM, Google, Microsoft, and SAP are the leading ICT market players in the country. Due to favorable government policies, Germany has substantial capital investments in the ICT sector.